Nine months of nearly daily speculation about Carmelo Anthony’s future came to an end yesterday
when he agreed to re-sign with the New York Knicks.

It was not immediately clear if Anthony had signed a contract, or what the terms of a new deal
were. By agreeing to return, Anthony positions himself as the cornerstone of the franchise for
years to come.

“It seems like at least in these last few hours it’s gotten closer to sounding like Carmelo will
be rejoining our team,” coach Derek Fisher said. “That’s obviously great news.”

Anthony was eligible for a contract that would pay him nearly $130 million over five years, more
than any other team could offer, according to league rules. Any long-term deal approaching that
amount of money would come fraught with risk, though. Anthony, 30, is banking on the notion that
Phil Jackson, the team president, can help turn the Knicks into a contender with the clock ticking
on Anthony’s career.

The Knicks, too, are making a substantial investment in a player who has not always elevated the
play of his team. Anthony, a seven-time All-Star, has appeared in 13 playoff series over the course
of his 11-year career, with his team winning just three of them.

Trade with Hornets gives Cavaliers depth

A 12-year pro, Haywood missed all of last season because of a broken foot. He was taken by
Cleveland with the 20th overall pick in 2001, but traded on draft night to Orlando.

Powell, a 6-foot-11, 240-pound forward, is the fourth Canadian on Cleveland’s roster.

Signings

• Free-agent center Pau Gasol announced on his verified Twitter account that he was joining the
Chicago Bulls.

“It hasn’t been easy,” Gasol tweeted. “After meditating it a lot I’ve chosen to play with the
Chicago Bulls. Looking forward to this new chapter of my career.”

The exact terms of his agreement with the Bulls were not immediately clear. The Bulls and Los
Angeles Lakers had reportedly been discussing sign-and-trade options earlier yesterday, but no
official announcement from either team had been made.

• The San Antonio Spurs re-signed guard Patty Mills to a reported three-year deal. He averaged
10.2 points and 2.1 rebounds last season in a breakout performance for the Australian guard. But
Mills suffered a torn rotator cuff in his right shoulder and could miss six months or more.

• The Memphis Grizzlies signed Vince Carter, 37, to an undisclosed multiyear deal to bolster
their outside shooting with the eight-time All-Star who spent last season as a Dallas Mavericks
reserve.

• Free-agent guard Anthony Morrow agreed to three-year, $10 million deal with Oklahoma City.
Morrow, who played for New Orleans last season, has career averages of 10.4 points and 2.5 rebounds
in six NBA seasons. He helps fill a void created when starting shooting guard Thabo Sefolosha
signed with the Atlanta Hawks after becoming a free agent.